Electric power automation enters large-scale promotion period

Introduction: In recent years, the growth of China's power automation equipment has been strong. The power automation industry includes power plant automation and other fields, power distribution automation, and power grid automation. According to the “In-depth investigation and investment strategic planning analysis report for the power automation industry” issued by the Industry Research Institute, the demand for power automation equipment is approximately 65 billion yuan. yuan. At present, there are about 400 enterprises above designated size in the electric power automation industry in China.

From the sales revenue of China's power automation equipment, in 2011 China's power automation equipment industry sales revenue was 38.835 billion yuan, an increase of 22.26%; 2012 industry sales revenue reached 52.154 billion yuan, an increase of 34.30%. By the end of 2012, State Grid has built 220 smart substations and built 575 seats by the middle of 2013. The growth rate of smart substations from 2013 to 2015 is estimated to be 223%, 122%, and 122% respectively. From 2013 to 2015, the annual investment of secondary equipment for smart substations is 9.8 billion yuan.

In the first half of 2014, Guodian NARI achieved an operating income of 3.64 billion yuan, an increase of 0.06% year-on-year, and a net profit of 557 million yuan, a year-on-year increase of 3.68%. Among them, power grid automation achieved operating revenue of 2.372 billion yuan, a year-on-year decrease of 1.59%; power generation and new energy realized operating revenue of 788 million yuan, a year-on-year decrease of 2.83%; the two businesses accounted for 86.8% of revenue, and sluggish growth affected performance growth. State Grid invests about 2.55 trillion yuan for power grid construction. Compared with 1.5 trillion yuan during the “Eleventh Five-Year Plan” period, the investment in the “12th Five-Year Plan” has increased by 68% year-on-year.

By the end of 2013, China had only completed pilot automation of distribution network in 29 cities, and the pilot areas were mainly concentrated in the core areas of the city. Taking Beijing as an example, as of early April 2014, Beijing has completed 4,696 actual access terminals for distribution automation, with a coverage rate of only 9.62%. The coverage area is concentrated within the Second Ring Road, and the high load density areas such as CBD and Zhongguancun are also covered. Not included. The focus of future power investment will gradually shift to distribution automation. With the steady progress of electric power reform, distributed power access and intelligent upgrade of the power grid, distribution automation will really enter a large-scale promotion period and usher in a tremendous growth.